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The Global economy ? - 9/24/2011 5:49:27 PM   
Aneirin


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Not quite understanding the economy,I ask what the fuck is the global economy and how does it effect the layman in the countries concerned and those not .

In layman's term please, because web searches come up with all sorts of confusion, indicating to me, no one really knows beyond the rhetoric they have received.

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Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

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RE: The Global economy ? - 9/24/2011 5:54:50 PM   
willbeurdaddy


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It isnt any magic, 4 words are sufficient. All economies are interconnected.

The long version:


With transportation and information costs relatively cheap, any company with a viable product can compete with any other company in the world. As a result any such company's (and therefore any economy, which is just the sum of all its companies and government) market fluctuates based on the economies in those markets.

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to the barking of the dogfox,
gone to ground.

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RE: The Global economy ? - 9/24/2011 6:09:15 PM   
Aneirin


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Oh and I forgot to ask, who are the creditors in this global economy, do they have a military at their immediate disposal?

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Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

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RE: The Global economy ? - 9/24/2011 6:11:10 PM   
pahunkboy


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If you noticed- we never get out of crises mode.  


Crises is the new normal.

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RE: The Global economy ? - 9/24/2011 6:11:17 PM   
willbeurdaddy


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Forgive me for thinking it was going to be a serious thread.

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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RE: The Global economy ? - 9/24/2011 6:14:43 PM   
pahunkboy


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quote:

ORIGINAL: willbeurdaddy

Forgive me for thinking it was going to be a serious thread.


Do you have anything constructive to contribute to the conversation?

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RE: The Global economy ? - 9/24/2011 6:14:53 PM   
Aneirin


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It is serious, but a pity you responded, for your input history on this forum appears legendary

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Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

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RE: The Global economy ? - 9/24/2011 8:53:02 PM   
Termyn8or


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There are players who in a sense have no country. Let's face it, if you're born into real money and have lived in ten countries whenever it suits you or your Parents you are really not patriotic to any of them. Where you were born is simply irrelevant.

This is what the people with the real fucking money are like. People talk about the Bilberburgs and all this shit, it means shit. People try to infiltrate the meetings ostensibly to expose some secret plot when in reality it is no secret at all. Some have become sick with greed unparalelled since Crassus. Following is an excerpt from a page outlining his antics :




"
Crassus grew up as the son of a consul and distinguished general.

His career to fame and phenomenal wealth began as he started purchasing the houses of Sulla's victims. Had Sulla confiscated all their belongings he sold them off cheap. And Crassus bought and made sensational profits when selling them on.
Using his wealth he also kept a troop of 500 slaves, all skilled builders, on stand-by. He would then simply wait for one of Rome's frequent fires to break out and would then offer to buy the burning properties, as well as the endangered neighbouring buildings. Using his team of builders he would then rebuild the area and keep it to draw income from rent, or sell it on with a large profit. At one point Crassus was said even to own most of the city of Rome. There was no doubt some who wondered, if some of the fires started in Rome might not actually have been his doing. "





Now most people would of course, not consider him much of a patriot, despite his elite position in Roman affairs, and this is again completely irrelative of his birthplace. It is simply a place to those such as he. Now consider this as the sheeple think Bill Gates is so rich - Did Marcus Licinius Crassus have any heirs ? Who might those heirs be do you think ?

Now consider the past when transoceanic freight and travel was not convenient. Such people existed in almost all lands and through treachery and deceit did prosper. Don't get me wrong, many people did innovate and prospered as well, but not quite as well.

However now that transportation is no longer a major hurdle, they apply the techniques used for many generations in countries all over the globe, to the entire globe. Quite simple really. And their tactic is not all that hard to understand. It's actually not all that evil in nature either if you think about it. What is however, is their efforts to remain exclusively in their position by systematically removing the opportunities from others. This is not disputable, all you have to do is look at the records of court cases involving large corporations and conglomerates. Look at all of them, they all don't necessarily have to do with money per se, but the ability to make money. This is what intellectual property rights are all about, and why they change from time to time to actually operate more in favor of big business.

What would you do ? If I had a restaurant for example and a secret recipe that was selling really well, and then say opened up a chain of restaurants, I would be stupid to let others use my recipe wouldn't I ? While you don't have the Colonel Sanders/Kentucky Fried Chicken franchise there (AFAIK) you probably have something similar. But that is the classic example of Macy not telling Gimble.

When the US became independent (somewhat) the government was very adamant about separatism, to the point of isolationism when it came to the currency. They had seen what the big banks had done in other countries and held fast to these solid notions for a long time. Andrew Jackson is the President who betrayed us. He had appointed a bunch of Secetaries of the Treasury before coming to Roger B. Taney who obeyed, rather than do his job. He was rewarded with a seat on the supreme court and rendered the infamous Dred Scott decision, which pretty much shows us how those people are.

No country means a damn thing to them at all. And now even moreso, most politicians are cut from the same cloth. Now applying these tactics to the global economy was not really anything new, it just became enabled by technology. Take the US for example. People up in Oregon like oranges, but oranges don't grow well in Oregon so they ship them in by truck (lorry for you folks). Sure, orchards could be setup in massive greenhouses and oranges grown, but the cost would be prohibitive. It's cheaper to grow them where they like to grow and ship them on up there.

In this way the guy who owns the company that sells the oranges is exploiting the difference in climate between Oregon and i.e. Florida or California. In the same way companies now exploit the differences in comparative costs in living expenses in different countries. So the international, or global economy is just a bigger version of what used to be a national economy. We used to have to ship potatoes across the river, now it's plasma TVs and the river is alot bigger. They call it an ocean.

Now this has given way to a bunch of new opportunites, such as the ability to exploit currency exchange rates, and if you are really a major player in the game, the ability to manipulate them. I am not saying one guy is all that rich, but look at China holding a bunch of US debt. They didn't just do that becasue they were bored. Someone is in control of their money over there and made a decision to do so. They, unlike the officials in the US, made that decision in their own country's best interest. How this plays out will be quite interesting.

More later maybe.

T^T

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